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By 2035, net interest payments on U.S. debt are forecast to equal 22.2% of federal revenues.
As the U.S. debt pile hits $37.6 trillion, interest costs are forecast to reach $952 billion this year—nearly tripling in five years. In 10 years, they are set to hit a staggering $1.8 trillion, further squeezing the federal budget.
This graphic shows the U.S. debt since 1825, based on data from the U.S. Treasury.